Welcome to Kitco News’ Perspectives 2022 series. The new year will be filled with uncertainties as the Federal Reserve seeks to pivot and tighten monetary policies. At the same time, the inflationary threat continues to grow, meaning that real rates will stay in low to negative territory. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2022.
(Kitco News) – Bitcoin-US dollar prices are lower and close to last week’s 3.5-month low at the start of US trading on Monday. Serious chart damage has been inflicted recently and the bears have a firm short-term technical advantage against a backdrop of declining price trends. The path of least resistance in short-term prices remains sideways to the downside.
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